How To Plan For The Next 5 Years PDF

How to Plan for the Next 5 Years
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GOAL SETTING
Image credit: Pixabay
MIKE TEMPLEMAN
CONTRIBUTOR
Writer and Entrepreneur
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SEPTEMBER 28, 2015
Where do you see yourself in five years? Will you be a workaholic on Wall
Street, living the simple life in Americas heartland or will you be a
successful entrepreneur with a million-dollar business? If you are reading
this article, I am guessing your answer is the latter.
While trendy strategies come and go, there is no substitute for classic goal
setting. Here are a few tried-and-true tactics to propel your business to
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December/25/15, 1:31 AM
success.
Review your goals every day.

Goal setting is like getting on the scale -- youll see greater success if you
do it every morning. As entrepreneurs, dreaming big is standard practice.
The distinguishing factor between the big dreamers and the big doers is
that the doers take action.
Related: How Startup Founders Should Be Setting Long-Term Goals
Sometimes our biggest life goals seem so overwhelming. We rarely see
them as a series of small, achievable tasks, writes Jack Canfield in his
book, The Success Principles: How to Get from Where You Are to Where
You Want to Be.But in reality, breaking down a large goal into smaller tasks
-- and accomplishing them one at a time -- is exactly how any big goal gets
achieved.
Behavior science expert and writer James Clear calls these smaller goals
systems. If youre a coach, he explains, your goal is to win a
championship. Your system is what your team does at practice each day. If
youre an entrepreneur, your goal is to build a million-dollar business. Your
system is your sales and marketing process.
Clear finds his success in focusing on the systems while keeping the larger
goal in mind.
Evaluate your goals regularly.

Goal setting is a process of discovery as much as it is a way to get the job
done. As you monitor your goals, ask yourself: Does this goal matter?
Being a leader means finding the path, explains author Kevin Hall in his
book, Aspire: Discovering Your Purpose through the Power of Words. But
before you can help someone else find their path, you must know yours.
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Related: Achieve Any Goal By Following These 5 Simple Steps

By evaluating your goals regularly, you can make sure to focus on whats
important to you. For example, if your goal is to run 10 miles a day but
youre starting to have knee problems, then you may ask yourself if your
goal is really to run (as an end in itself) or to enjoy a healthier lifestyle. This
kind of flexibility will get you what you really want -- and may save you from
having surgery down the road.
Zig zag your way to the top.

While the idea of racing toward your goals at breakneck speed is
seductive, there are unexpected obstacles that inevitably complicate any
business. The road to success is never a straight line, writes Rich
Christiansen in The Zig Zag Principle. The diversions and detours I had
often found so frustrating had actually created more stable and solid
businesses. On the other hand -- and without exception --each time I had
raced directly at a target with high velocity, I had failed.
Zigzagging requires you to be nimble and flexible and to take advantage of
multiple opportunities. When a challenge comes along, consider your goal
and whether it would be best to forge directly ahead or to pivot toward a
different, short-term goal. It may not be the straightest path, but being
adaptable is the clearest path to success.
Some of the most successful entrepreneurs have achieved their success in
part by practicing disciplined goal setting. By breaking down your
long-term goals into smaller daily tasks, evaluating your goals regularly and
being adaptable, you too will enjoy the benefits of your efforts.
Related: Achieved Your Goal? Reach for More.
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